Singapore Stock Market News

Sino Grandness - Odds still good

StockFanatic
Publish date: Thu, 27 Feb 2014, 11:41 AM
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■ 4Q13 results slightly missed market expectations on non-operating expenses. But underlying strength of the business remains strong, mainly driven by the beverage segment.

■ Garden Fresh IPO is progressing well. Potential risk of a delay is limited and manageable.

■ Risk/reward profile still good. Maintain BUY with slightly higher TP of SGD1.06.
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